1 See J.K. Galbraith, The Great Crash 1929 (Boston: Penguin, 1954).
2 Charles P. Kindleberger and Robert Aliber, Manias, Panics and Crashes, 5th ed. (New York:Wiley, 2005). This is the definitive history of asset bubbles.
1 See John Authers, “Victim of Its Own Success,” Financial Times, January 22, 1997, Section (if any), Edition; and John Authers, “Mutuals Manage to Miss the Track,” Financial Times, January 11, 1997.
2 See John Authers and Elizabeth Wine, “Jeffrey Vinik to leave fund manage-ment,”byFinancial Times , October 27, 2000. He made annual returns of 53 percent per year for four years and closed before the crash of 2000 could dent his returns.
3 Jim Melcher, conversation with the author, December 1, 2009. ...